Electric vehicle sales just capped off 2024 by setting records. This was true in both the United States and China.
Xpeng CEO He Xiaopeng said that competition within the auto sector will be even more heated in 2025. He said in an internal letter that the industry will face an "elimination round" from 2025 to 2027.
XPeng Inc.-ADR XPEV has been the darling of the Chinese EV market, posting a 66% gain over six months. However, technical signals suggest the stock's momentum may be stalling.
Chinese electric vehicle (EV) maker XPeng (XPEV) and Volkswagen's China unit on Monday struck a deal to produce super-fast charging stations there.
Chinese luxury EV maker Xpeng reported a strong set of delivery numbers for December. Deliveries grew 82% year-over-year to 36,695 vehicles.
I maintain a “Buy” rating on XPeng due to expected deliveries growth and improved fundamentals driven by expansionary policies in 2025. XPeng's Q3 2024 results showed a 16.3% increase in vehicle deliveries and positive gross and vehicle margins, indicating strong operational performance. XPEV's robust cash buffer of $5.09 billion supports aggressive expansion plans, including entering 60 markets and launching four new models in 2025.
Chinese electric vehicle maker Xpeng will hire more than 6,000 workers in 2025, founder and CEO He Xiaopeng said on Tuesday.
Chinese luxury EV maker Xpeng reported deliveries of 30,895 units for November, a 54% year-over-year increase and up 29% from the previous month. The company also delivered a total of 153,373 EVs during the first 11 months of the year, up 26% year-over-year.
Welcome to the green stock news brief for Monday, December 2nd. Here are today's top headlines: XPeng (NYSE: XPEV) has delivered a record 30,895 Smart EVs in November 2024, marking a 54% year-over-year increase.
XPeng Inc.'s eye-watering rally since August was dampened after the company reported a tempered sales outlook for Q4 this week. Despite optimism for accelerating volume growth, the comparatively softer strength in XPeng's revenue prospects highlights imminent ASP pressures. Looking ahead, the introduction of four new models next year, alongside the implementation of an EREV strategy, is likely to reduce visibility on its longer-term fundamental trajectory.
XPEV reports third-quarter revenues of $1.44 billion due to strong growth in year-over-year deliveries.
Chinese electric car maker Xpeng is expected to break even sometime later in 2025, its President Brian Gu said, betting on strong demand for its new models and a steady overseas expansion to improve its profitability.